EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, announced its financial results for the third quarter of 2026.
During the reporting period, EMSTEEL continued to strengthen its position as the UAE’s leading and reliable domestic producer of steel and building materials, ensuring supply continuity and supporting national demand. These developments, supported by Group-wide measures to enhance operational efficiency and maintain cost discipline, helped deliver resilient financial results and stronger profitability margins.
Get updated faster and for FREE: Download the Gulf News app now - simply click here.
Financial and operational highlights for Q3 2026
EMSTEEL reported revenues of Dh2.5 billion for the third quarter of 2026, an increase of 15 per cent compared to the corresponding period in the prior year.
EMSTEEL reported EBITDA of Dh381 million for the third quarter of 2026, representing a 35 per cent year-on-year (YoY) increase. EBITDA margin expanded to 15.3 per cent, compared to 13.1 per cent in Q3 2025. Net profit for the period amounted to Dh190 million, reflecting a 99 per cent YoY increase.
EMSTEEL’s Steel division reported revenues of Dh2.2 billion for the third quarter of 2026, a 15 per cent YoY growth, and generated EBITDA of Dh306 million, representing a 34 per cent YoY increase. Steel division EBITDA margin reached 13.7 per cent…
